Saudi Telecom Company (stc) has delivered solid H1 results recording a 3.8% jump in its revenue for the six-month period hitting SAR40.11 billion ($10.7 billion), while gross profit increased 5.3% to SAR19.64 billion ($5.1 billion), driven by growth across its telecom and digital businesses.
Aramco and solutions by stc are collaborating to deploy a next-generation supercomputer to enhance upstream operations. The $372.5 million system will boost seismic imaging and reservoir modelling, delivering sevenfold compute capacity, accelerating hydrocarbon discovery.
Ericsson and specialized by stc have announced the signing of a memorandum of understanding (MoU) to accelerate the development of advanced mission critical communication capabilities that support Saudi Arabia’s national public safety ecosystem.
Leading telecom company stc has partnered with University of Bahrain to unveil a newly renovated lecture hall within its premises. The key facility, with a seating capacity of 100, is equipped with advanced AV technology and a versatile layout to host lectures, seminars and university events.
